14234593
Question 1
Question
Mass communication and high technology have ____________________ in diverse cultures worldwide.
Answer
-
created similar patterns of consumption
-
resulted in highly individualized patterns of consumption
-
rendered patterns of consumption identical
-
had little to no effect on patterns of consumption
Question 2
Question
Organizations that conduct business operations across national borders are called
Answer
-
protectionists
-
national firms
-
multinational cooperations
-
domestic companies
-
all of the above
Question 3
Question
The smile is one form of communication that works the same worldwide.
Answer
- True
- False
Question 4
Question
In China, business relations revolve around guanxi, or personal relations.
Answer
- True
- False
Question 5
Question
________ can enable firms to learn the technology, culture, and business practices of other people and to make contacts with potential customers, suppliers, creditors, and distributors in foreign countries.
Answer
-
economies of scale
-
joint ventures
-
low-cost production facilities
-
reduced tariffs
-
domestic operations
Question 6
Question
All of the following are potential disadvantages to initiating, continuing, or expanding business across national borders EXCEPT
Answer
-
foreign operations can absorb excess capacity, reduce unit costs, and spread economic risks over a wider number of markets.
-
firms confront different social, cultural, and political forces when doing business internationally, which can make communication in the firm difficult.
-
keeping informed about the number and nature of competitors is more difficult when doing business internationally.
-
dealing with two or more monetary systems can complicate international business operations.
-
foreign operations could be seized by nationalistic forces.
Question 7
Question
Strengths of competitors in foreign lands are often ________, and weaknesses are often ________.
Answer
-
overerstimated; overerstimated
-
overerstimated; underestimated
-
underestimated; underestimated
-
underestimated; overerstimated
-
none of the above
Want to create your own Quizzes for free with GoConqr? Learn more.